Get started
UBER TECHNOLOGIESUBER TECHNOLOGIESUBER TECHNOLOGIES

UBER TECHNOLOGIES

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

UBER trade ideas

12/5/24 - $uber - Aping on the 2027 $60 calls.12/5/24 :: VROCKSTAR :: NASDAQ:PLTR Aping on the 2027 $60 calls. - stock acting like the united healthcare CEO got whacked by one of their drivers and we're all about to find out. too soon? - at 7 bn FCF generation on 143 bn EV... that's 5% yield, grows 15-20% a year (FCF gen). we're already in value territory, the question is what's the reason for this wicked wick. is it... A) the market AI didn't "pick" Uber today to go up? B) something regulation related... e.g. look at TSLA today and the robo taxi narrative (btw short some TSLA today but i won't post about that one bc/ it's a hedge only) C) something we're about to find out? ... i'd have to put my chips on C even tho the obvious question then is "why u buy today V"? simply put, i'm doing ITM and LEAP duration. this allows me to get enough exposure to care, but allows (again) more notional flexibility to adjust this strike lower, or go larger in ST stuff if/when we do have a further wick lower and capture some money without doing this with my tail between my legs. V
NYSE:UBERLong
by VROCKSTAR
Trading JournalUber, after the massive gap up and close higher, it felt it was setting up just prior to earnings. Longer term chart was looking good. Bought small position prior to earnings, it failed, sold at the open. It felt like it was setting up again, With closing above the 21 EMA after down move. Premarket it was gapping higher, went ahead and bought it in premarket, opened lower and just sell throughout the day. Closed position on same day. AVOID stocks that are broken, TRY TO buy at the right price and not the lowest price
NYSE:UBER
by tradingstocksdp
UBER to $77MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price at or near bottom channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at oversold level VBSM is spiked negative Price at or near Fibonacci level In at $68 Target is $77.50 or channel top Stop loss is $66
NYSE:UBERLong
by chancethepug
UBER long Trade gone wrong but Stop trigger saved meThe Setup UBER long-term(M) is in month (M) uptrend. Price made a Higher High (HH) recently. Current chart (W) is correcting into a Demand Zone (DZ) this zone is also the Higher Low of the Weekly (W) uptrend. ODD (Trade) Enhancers The more odd enhancers the more the odds are in my favour. I hate calling them odds as if they bubble up to the surface randomly. They have their reasons that are beyond my technical trading style, in the end those are trade enhancers yielding more confidence to a trade. The long-term (M) is in long standing uptrend The Current chart (W) on the left is correcting into a fresh DZ Using the trade chart (D) to time my enter & my STOP loss room for the profit to run, if trade goes my way The trade The Long (LNG) trade was open in the DZ, the price hovered in the DZ, closing below the DZ. Trigger stop initiated.
NYSE:UBERLong
by greatful-me
Possible Redistribution in UBER..!What is Wykoff Distribution Analysis? Wykoff Distribution Analysis is a technical methodology developed by Richard Wyckoff in the early 20th century. It focuses on studying the distribution of trading volume and price action to identify potential support, resistance, and accumulation/distribution phases in a market. The key principles of Wykoff Distribution Analysis are: Volume Precedes Price: Trading volume changes often precede price direction changes. Analyzing volume patterns can provide clues about the underlying forces driving the market. Climactic Events: Climactic volume spikes, either up or down, often mark important turning points in a trend. These are seen as "distribution" or "accumulation" events. Phases of Activity: Markets tend to go through identifiable phases, such as: Accumulation: A period of consolidation and gradual price increase on lighter volume. Mark-Up: A strong uptrend phase on increasing volume. Distribution: A period of consolidation and gradual price decrease on lighter volume. Mark-Down: A strong downtrend phase on increasing volume. Composite Operator: Wyckoff theorized the existence of a "Composite Operator" - a single, dominant entity (or group of entities) that controls the market's overall direction. Applying Wykoff Analysis to Redistribution Wykoff Distribution Analysis can be particularly useful for identifying potential redistribution phases in a market. Redistribution occurs when the "smart money" sells to the "dumb money" at the end of an uptrend. Some key signs of redistribution include: Decreasing volume on up days, increasing volume on down days Climactic volume spikes at market highs A series of higher highs and lower lows form a distribution pattern Divergences between price and momentum indicators By identifying these distribution patterns, traders can look to enter short positions or reduce long exposure as the market transitions from an uptrend to a downtrend phase.
NYSE:UBEREducation
by Moshkelgosha
11/5/24 - $uber - What's not to like, buying <$75 11/5/24 :: VROCKSTAR :: NYSE:UBER What's not to like, buying <$75 - cash heavy portfolio looking for some high quality "into-year-end" plays where i can leverage the book with calls in order to keep a. cash heavy for real dips and b. where i think there will be a lot to do, so i want to remain nimble - NYSE:UBER seems to check a lot of boxes. sales growth mid teens with fairly high visibility, "check". platform that doesn't have much competition "check". expanding margins "check". valuation reasonable at low 20s PE (so PEG is ~1.2-1.3x ish) "check". just beat earnings "check". - name seems to have a perma-bid for good reasons. i'm getting busy with the jan 17 2025 65C's which offer me some healthy 6x leverage. - plan is monetize 1/3 of the stake if DJT results in a further squeeze tmr... figure out what to do with the rest. but i think we'll be at 100 by next year. so i'm genuinely eyeing the jan 2027s and ironically hoping for a dip where i can get busy with bigger size and longer duration. what do u think? V
NYSE:UBERLong
by VROCKSTAR
UBER Breakaway or Pullback? Trend Analysis Bullish Momentum: Strong upward momentum with a recent gap up indicates bullish sentiment. Breakout: Price has broken through previous resistance levels, suggesting continuation. Price Action Analysis Gap Up: Significant gap up on high volume signals strong buying pressure. Pullback Levels: Potential support near $82 could provide buying opportunities. Indicator Analysis Volume Surge: High volume confirms the strength of the breakout. EMA Support: Exponential Moving Average trending up, supporting the bullish outlook. Forecast Summary Expected Movement: Anticipate further upward movement, possibly testing new highs. Key Support and Resistance Levels: Support Level: Around $80, previously a resistance. Resistance Level: Near $87, recent high. Additional Support: Potential at $77, recent consolidation area. Additional Resistance: Beyond $87 towards $90, historically significant zone. Triggers/Events: Earnings reports or market news may impact volatility and direction. Trading should focus on buying opportunities during pullbacks, monitoring key support levels, and staying alert for market events that could influence price dynamics.
NYSE:UBERLong
by candlefire-trading
Uber (UBER): What a ride!Uber (UBER): NYSE:UBER We've recently added Uber to our portfolio, noting its astonishing 400% rise from the COVID-19 low of $13.71. This surge is significant, and we anticipate that in the current wave 3 we're experiencing, the price could reach between $101 and $201. The precise target seems to lean towards the $101 mark, aligning with the 161.8% extension level. Currently, the high is at $81.86. We expect a pullback in the coming days and weeks to between $59.40 and $52.46, corresponding to the 38.2% to 50% retracement levels. There's a possibility of forming an Expanded Flat leading to wave 4, a pattern observed in waves 1 and 2, suggesting a potential deviation from the anticipated zigzag or other formations. Thus, surpassing the $81.86 mark would not be incorrect, provided it does not exceed the 138% threshold. Following this wave 4, we foresee the completion of wave 3 at a minimum of $101. A limit order will be placed at the first sign of weakness.
NYSE:UBERLong
by freeguy_by_wmc
1
Uber (UBER): Missed the Rally? Here comes new opportunitiesIt's been a while since we last looked at Uber, and the stock has moved perfectly since then. Uber reacted exactly as expected to our desired area, but unfortunately, we didn’t buy any shares at the time. If you did, congratulations – this position is now up 60.8%! Shares of rideshare companies Uber Technologies and Lyft surged on Friday, following Tesla's underwhelming Robotaxi reveal. Uber has shifted its focus away from developing autonomous vehicles and is instead concentrating on expanding its marketplace for riders and drivers. This shift has created a robust network effect, making it increasingly difficult for competitors to match Uber's scale, according to a recent report by Business Insider. Uber’s asset-light business model, which doesn't involve owning or maintaining vehicles, has been financially successful, generating $1.7 billion in free cash flow in the second quarter. Now, Uber has reached a new all-time high, and if we look back at the chart, it's easy to see a clear and powerful pattern. After entering our desired area, Uber made a sharp V-shaped correction, followed by a key level retest. In a short period, NYSE:UBER turned bullish, marking a complete turnaround. We will be closely watching Uber Technologies' upcoming earnings report, scheduled for October 31, 2024. After this event, we’ll update our chart and look for possible new opportunities.
NYSE:UBERLong
by freeguy_by_wmc
15